The effect of surfactant micelles on the photophysical properties of a cationic bispyrene fluorophore, Py-diIM-Py, was systemically examined. The results from series of measurements including UV-vis absorption, steady-state fluorescence emission, quantum yield, fluorescence lifetime, and time-resolved emission spectra reveal that the cationic fluorophore is only encapsulated by the anionic sodium dodecyl sulfate (SDS) surfactant micelles and not incorporated in the cationic dodecyltrimethylammonium bromide (DTAB) and neutral Triton X-100 (TX100) surfactant micelles. This different fluorophore location in the micellar solutions significantly influences its sensing behavior to various explosives. Fluorescence quenching studies reveal that the simple variation of micellar systems leads to significant changes in the sensitivity and selectivity of the fluorescent sensor to explosives. The sensor exhibits an on off response to multiple explosives with the highest sensitivity to picric acid (PA) in the anionic SDS micelles. In the cationic DTAB micelles, it displays the highest on off responses to PYX. Both the sensitivity and selectivity to PYX in the cationic micelles are enhanced compared with that to PA in the anionic micelles. However, the poor encapsulation in the neutral surfactant TX100 micelles leads to fluorescence instability of the fluorophore and fails to function as a sensor system. Time-resolved fluorescence decays in the presence of explosives reveal that the quenching mechanism of two micellar sensor systems to explosives is static in nature. The present work demonstrates that the electrostatic interaction between the cationic fluorophore and differently charged micelles plays a determinative role in adjusting its distribution in micellar solutions, which further influences the sensing behavior of the obtained micellar sensor systems.